This course provides an overview of key economic concepts and an introduction to economic reasoning. The course material will include concepts and models from both microeconomic and macroeconomic theory, such as: scarcity, choice and opportunity cost, supply and demand, the behavior of the consumer and final, inflation, unemployment, the business cycle, money, economic growth, and government policy decisions. This course is designed to provide a basic understanding of economics for non-business/non-economic majors, or a foundation for further study for undecided majors considering economics.
Core Courses are courses that fulfill lower-level requirements and apply to any transfer path major where they appear. Introduction to Economics is universal course description, which maps to specific courses on SUNY campuses. Approved SUNY Transfer Path Core Courses are guaranteed to transfer to fulfill requirements in the major and/or required cognates (not just as electives) at all SUNY campuses if the course is completed with a grade of C or better.1 You may Search for Core Course equivalents using the Transfer Navigator.
1 While a grade of C or better is guaranteed, campuses can have different policies where they accept a passing grade lower than C. Pass/Fail courses may be accepted at the discretion of the campus, but transfer is not guaranteed.